The borough is a small beach community located on the Jersey Shore, known for its Victorian houses and the new multi-million dollar homes located throughout the neighborhood. It was recently affected by Hurricane Sandy, damaging multiple homes. Monmouth Beach is one square mile, with the ocean to the east and the Shrewsbury River to the northwest. In the Forbes magazine 2012 rankings of "America's Most Expensive ZIP Codes", the borough was ranked 276th, with a median price of $937,020.
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